Andy Friedman: Dividend stocks headed for trouble
Pundit warns that tax increase could lead companies to buy back shares rather than boost payments to shareholders
Political pundit Andy Friedman, principal of The Washington Update, believes that taxes will likely be higher next year. That scenario, he said, means financial advisers should reevaluate their clients who are concentrated in one stock or who own a lot of dividend-paying stocks.
If Congress doesn't
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